Concerned about living so far away from your investment property?
Question: We vacation in Summit County frequently and have thought on and off about purchasing property here. Our only concern is living so far away from investment property. Do you have any comments? Answer: If you don’t live close to your ...
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Posted by Allison Simson on July 31, 2008 in Archived
How much money do I need to have in addition to downpayment in order to proceed obtaining financing?
Question: I have been saving for a downpayment on my first home. How much money do I need to have in addition to the downpayment in order to proceed obtaining financing? Answer: In the calculation of how much you will need to purchase a home, be ...
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Posted by Allison Simson on July 31, 2008 in Archived
Don't over-improve your condo for todays market when renovating
Question: We have owned our Dillon condo for almost 15 years. It is definitely time to do some renovations. We don’t want to over-improve it for the market. Please advise. Answer: It is important to know how much your condominiums is worth, even if ...
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Posted by Allison Simson on July 31, 2008 in Archived
Shopping for a Condo: Key concerns
Question: It looks like the only property I can afford to buy is a condo. One concern I have is that it will be too noisy. What else should I take into consideration? Answer: Because inadequate soundproofing is the chief complaint of condominium and ...
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Posted by Allison Simson on July 24, 2008 in Archived
Where to go to study comparable sales
Question: I am buying a property in a small subdivision near Dillon where there have been very few sales in the past few years. I would like to study comparable sales in order to get comfortable with the price, but there aren’t any. Where else can I ...
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Posted by Allison Simson on July 24, 2008 in Archived
Do I need an attorney to represent me when I buy?
Question: I want to buy a home in Frisco. Do I need an attorney to represent me when I buy? Answer: Not necessarily. Whether you will need to hire an attorney depends on where you buy or the complexity of the transaction. In New Jersey, you're ...
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Posted by Allison Simson on July 24, 2008 in Archived
When a contract is written, who gets to choose the closing date, the buyer or the seller?
Question: I just received a offer to purchase a townhome that I own in Wildernest. The date for closing does not work for me. When a contract is written, who gets to choose the closing date, the buyer or the seller? Answer: The time required to ...
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Posted by Allison Simson on July 24, 2008 in Archived
Found the perfect new home but our old home hasnt sold...
Question: We have found the perfect new home for our family in Frisco. It’s in just the right neighborhood that we’ve always wanted to live in and we absolutely love it! The problem is we haven’t sold the home we own now. Any ...
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Posted by Allison Simson on July 24, 2008 in Archived
Renting your home vs selling it now
Question: We’re moving out of Summit County and have considered keeping our home and using it as a rental. Do you have any comments on using it as a rental as opposed to selling it now? Answer: Renting your home out may seem like a great ...
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Posted by Allison Simson on July 24, 2008 in Archived
Personalizing your new home with minimal expense
Question: We have just purchased a small condo as our first home. I’m excited to begin personalizing it to make it look like “home” but don’t know where to begin. Any suggestions on how to do this at minimal expense? Answer: Collections of family ...
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Posted by Allison Simson on July 24, 2008 in Archived
Should You Pay Off Your Mortgage?
Question: We are in the fortunate position to be able to consider paying off our home loan early. What are advisors saying about doing this in today’s economy? Answer: With many homeowners' bank accounts swollen with stock dividends and larger ...
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Posted by Allison Simson on July 15, 2008 in Archived